Singapore Cautions Uganda On Oil Adventure

The Minister of State for Trade and Industry in Singapore, Dr Koh Poh Koon, has cautioned that while the benefits of mining, oil and gas are numerous, the challenges and risk factors involved are equally grave. He added that much as oil has the potential to turn around Uganda’s economy, agriculture remains the country’s strongest and natural comparative advantage. Dr Koon was in Uganda last week on a state visit to explore growth opportunities and strengthening trade relations between the two countries. While in Uganda, Dr Koon meet with Uganda’s Minister of Trade, Industry and Cooperatives, Amelia Kyambadde, at her Kampala office. Dr Koon together with his delegation of investors expressed interests to invest in Uganda’s economy especially in the areas of urban planning, water recycling, warehousing, infrastructure development, and technology transfer. Singapore is a fast developing economy and widely industrialized. The visiting minister advised that Uganda should not lose…

Kenya Turns To South Sudan For oil pipeline

After failing to convince Uganda to have a joint crude oil export pipeline, Kenya is turning to South Sudan in a deal that will see the world’s youngest nation export her oil through Lamu Port in Kenya. Last month Kenya was hoping Uganda would export her crude from Hoima in Western Uganda to Lamu however Uganda chose to go through Tanzania’s port of Tanga. Andrew Kamau, the Petroleum Principal Secretary, is quoted by Kenyan media saying that Kenya will begin talks with South Sudan to have it export oil through Lamu. However, according to Daily Nation, experts warn that Kenya could find itself in a difficult but similar situation saying French oil company Total, which killed the Uganda deal, is the main holder of the majority of oil blocks in South Sudan. “We had a deal with South Sudan before Uganda requested us to delay construction of our pipeline so…

Oil Rich Hoima Gets $42m Sugar Factory

President Yoweri Museveni has commissioned a factory that will be producing 1,500 tonnes of sugar per day in Hoima district with a call for local farmers to adopt commercial farming to banish household poverty. The president speaking at commissioning of Hoima Sugar Limited in Kiswaza village, Kiziranfumbi Sub-County in Hoima District stressed that commercial agriculture will create employment opportunities "For long, we have been using land for domestic farming but now is the time for modern farming. We need food but also money and jobs," he said, adding, "We are going to earn revenue from exporting the excess sugar to the neighbouring countries, employ more people, increase the number of out-growers and also generate electricity from the sugarcanes," he said. Hoima district like other districts in the greater Albertine Graben in western Uganda are basking in glory of the oil and gas natural resource which was discovered in the area…

PHOTOS: Oil And Gas Convention Kicks Off In Kampala

The two day second oil and gas convention organized by Uganda Chamber of Mines and Petroleum (UCMP) has kicked off in Kampala at Serena Hotel with a call for local businesses and individuals intending to work in the oil industry to prepare for the opportunities that are springing up in nascent industry. The conference being held under the theme, “Suppliers’ Roadmap to Operational Excellence”, is largely intended to reassure suppliers and subcontractors about the opportunities in the oil and gas sector amidst the tough industry challenges. The convention has attracted a cross section of oil and gas industry players Speaking at the opening of the convention, Elly Karuhanga, the chairman of Uganda Chamber of Mines and Petroleum emphasized that the time is now to prepare to work in the industry. He said that with work going on to construct a refinery and a decision made on the crude export pipeline…

Conference To Address Oil & Gas Sector Suppliers Interests

The Uganda Chamber of Mines and Petroleum (UCMP) is set to host the second annual oil and gas convention from April 27-28, 2016 at the Kampala Serena Hotel, as the country seeks to spark renewed interest in the sector. Running under the theme, “Suppliers’ Roadmap to Operational Excellence”, the conference is largely intended to reassure suppliers and subcontractors about the opportunities in the oil and gas sector amidst the tough industry challenges. Irene Nakalyango, CEO, Uganda Chamber of Mines and Petroleum, says the conference is aimed at bolstering the industry and highlighting the salient opportunities available. “We call upon everyone involved in the supply of goods and services in the oil and gas sector to make it a point to attend this summit,” noted Nakalyango. Uganda’s oil industry has been in a lull for almost three years mainly due to protracted negotiations between the Government of Uganda and the international…

Pipeline Route: Regional Politics Shouldn’t Influence Decision

Uganda Chamber of Mines and Petroleum (UCMP) vice chairperson Richard Kaijuka has advised that regional politics should be the last thing to consider when making a decision on which route Uganda’s crude oil export pipeline should take. Kaijuka, who in past served as minister of energy, was speaking exclusively to Earthfinds in an interview. “If you went for the most expensive option because you are making a political decision, you will be, in my view, very wrong, at least from Uganda's point of view,” Kaijuka said when asked if the impasse won’t affect regional political relations. He added that all parties involved in the negotiations should ‘just do a business deal that makes sense, is viable and cheap’. “So my appeal is that we leave it to the technocrats, I think our government (Uganda) knows exactly what is best for the country,” he stated. At the moment the three countries…

Africa Set To discuss Petroleum Data Management In Uganda

Uganda will host stakeholders in the oil and gas industry from different parts of Africa at a high level National Petroleum Data Management for Africa workshop. The four day workshop will be held at Lake Victoria Serena Resort - Kampala, Uganda, starting on Monday, April 11, 2016 at 9:00 AM until Thursday, April 14, 2016 at 4:00 PM (EAT). The meeting is being organised by Norway, under the Oil for Development (OfD) Programme which is currently active in 8 countries in Africa including; Angola, Ghana, Kenya, Mozambique, South Sudan, Sudan, Tanzania and Uganda. It will focus on managing national petroleum data. The Oil for Development (OfD) Programme offers assistance to developing countries in their effort to manage petroleum resources in a sustainable manner. Through the OfD Programme, Norway shares its experience from more than four decades of managing oil and gas resources. The programme is different from country to country…

Toilet Project Wins Total Startupper Challenge Competition

The Startupper of the Year by Total challenge came to a plausible end when Ushs130m was awarded to the top three contestants as seed capital to kick-start and fund their business ideas. Gloria Nakyejwe Kalyango proprietor of Eco-technologies took home Ushs25m as second runner up, Arthur Woniala- founder of Khainza energy took home Ushs40m as first runner up and Samuel Malinga a consultant at Sanitation Africa took home Ushs65m as overall winner of the challenge. The challenge is part of Total Uganda and Total Group’s initiative to promote socioeconomic development in Uganda and on the African continent, bringing to life the brand’s thematic “energizing life”. The prize money was handed over to the winners at the Startupper of the Year by Total awards gala which recently was held at the Sheraton Kampala Hotel. The ceremony followed a four -month search for the most innovative and entrepreneurial business ideas by Total…

Why Tullow Refused To Submit Bid For Uganda Licensing Round

Early this month, government of Uganda (GOU) through Ministry of Energy and Mineral Development released a list of seven oil companies that submitted bids for the country’s first open competitive licensing round for petroleum exploration covering six blocks in the Albertine Graben which is a proven prospective sedimentary basin. However notably missing on the list was Britain’s oil and gas explorer Tullow Uganda. Tullow participated in the preliminary stages of the licensing round and also attended the bidder’s conference organized by the ministry on 24th November 2015 to get clarifications on proposals documents, relevant laws, regulations and model Production Sharing Agreements (mPSA). Tullow was expected to submit their bid however it didn’t and missed out on the opportunity to increase their share of the country’s oil exploration ground. The Irish company is among the three oil companies that explored and are planning to produce the country’s first oil. The others…

Tanzania Unbothered By Kenya’s Fight For Uganda Oil Pipeline

An official in President John Magufuli’s office has that the deal signed between the country’s president and his counterpart of Uganda early this month to construct a crude oil pipeline “is conclusive” despite attempts by Kenya to swat the deal. Kenya’s President Uhuru Kenyatta Monday hosted President Yoweri Museveni of Uganda to talk him into using Lamu port route in Kenya to export her oil discovered in the Albertine region, Western Uganda, by constructing a pipeline. The talks were not decisive but the two presidents agreed to continue negotiating. They are set to meet within fourteen days for further deliberation after technical staff have internalized the proposals. The two countries last year agreed to construct an export crude oil pipeline from Hoima in Uganda to Lamu port through Lokichar region in Kenya. However, pushed by French Oil Company Total, Uganda started negotiating with Tanzania to have the pipeline go through…
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